Two-Bay Auto
New
For Sale
$285,000
13281330 FRONT STREET W, Berwick, PA 18603
General Commercial zoning accompanies a customer service area, bathroom, and garage space.
Property Size2,113 SF
Price / SF$134.88
Days on Market6
Property Features for 13281330 FRONT STREET W
General Information
Standard status
Active
Size
2,113 SF
Total Parking Spaces
20
Property subtype
Commercial
Zoning
General Commercial
Additional Details
Service Bays
2
Amenities
customer service area
bathroom
Building Details
Year Built
2000
Listing Agency:
Iron Valley Real Estate of Central PA
(717) 309-4133
Listed By:
MICHAEL T CHAN · License #5000977
(717) 309-4133
Source:
Cummingsrealtors
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 9 at 2:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iron Valley Real Estate of Central PA
Investment Insights
Based on property information with market context.
This auto shop property includes a customer service area, bathroom, and a garage equipped with two bay doors. The building was constructed in 2000 and is configured for an automotive repair operation or another commercial use consistent with General Commercial zoning.
The site includes approximately 20 parking spaces and is located on Front Street in Berwick, Pennsylvania. The combination of garage space, customer-facing area, bathroom, and on-site parking provides a defined commercial layout for an owner-user or operator.
The site includes approximately 20 parking spaces and is located on Front Street in Berwick, Pennsylvania. The combination of garage space, customer-facing area, bathroom, and on-site parking provides a defined commercial layout for an owner-user or operator.
Key Highlights
- Garage building with two bay doors
- Approximately 20 parking spaces
- General Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,348
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$246,960
$247.0K
Cap Rate 7%
$176,400
$176.4K
Cap Rate 9%
$137,200
$137.2K
Market Conditions
NOI Build-Up for 2,113 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$18.5K $8.76/SF
− Vacancy
−$870 −$0.41/SF
EGI
$17.6K $8.35/SF
− OpEx
−$5.3K −$2.50/SF
NOI
$12.3K $5.84/SF
Area
Columbia County, PA
Vacancy
4.70%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$246,960
Cap Rate 7%
$176,400
Cap Rate 9%
$137,200
Alternative Uses
Best Use
Retail
$422.4K
$369.6K – $492.8K
NOI $29,570 @ 7.0% cap · market cap 10.38%
Second Best
Industrial
$176.4K
$154.4K – $205.8K
NOI $12,348 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$708.4K
$619.9K – $826.5K
NOI $49,591 @ 7.0% cap · market cap 17.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Service bays
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Tri-County Ace Hardware
Home Improvements & Furnishings
4,360 visits/mo
0.4 miles
Demographics for 18603, PA
18,728
Population
9,235
Households
2
Avg Household Size
45
Median Age
18%
College-Educated
90%
High-School Grad
53.4 sq mi
ZIP Area
351
Density / Sq Mi
$55,969
Median Household Income
$40,323
Median Earnings
$789
Median Rent
$164,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Whitenight Auto Body — 2601 W Front St, Berwick, PA 18603
- Auto Lube & Spa Inc — 7569 Columbia Blvd, Berwick, PA 18603
- Mavis Discount Tire — 2005 W Front St, Berwick, PA 18603
Frequently Asked Questions
What type of property is this?
Auto shop - General Commercial zoning accompanies a customer service area, bathroom, and garage space.
Where is this auto shop located?
The property is located at 13281330 FRONT STREET W Berwick, PA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Garage building with two bay doors; Approximately 20 parking spaces; General Commercial zoning
